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Nov 29, 2012
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(laughter) so you've been warned, harry reid! take away mitch mcconnell's filibuster and he will strike back by obstructing everything you do! or let him keep the filibuster so he can obstruct everything you do! (laughter) i think the choice is clear. we'll be right back. (cheers and applause) (cheers and applause) >> stephen: welcome back, everybody. my guest tonight is the original voice of both yoda and cookie monster. i'll ask him if four cookie cs. please welcome frank oz. (cheers and applause) thank you, hey, nice to meet you frank oz. can i call you frank oz. >> you can. >> stephen: frank oz -- >> can i just say something? >> stephen: yes. >> my favorite part of your show bar none is when you introduce the guest and you come here and take a bow. (laughter) i love that. >> stephen: well, i've got to give these people what they want. >> it's great. (cheers and applause) >> stephen: well, that's great to hear. >> i mean it, i think it's hysterical, and you deserve it. >> stephen: thank you, i put the most thought into it. >>
(laughter) so you've been warned, harry reid! take away mitch mcconnell's filibuster and he will strike back by obstructing everything you do! or let him keep the filibuster so he can obstruct everything you do! (laughter) i think the choice is clear. we'll be right back. (cheers and applause) (cheers and applause) >> stephen: welcome back, everybody. my guest tonight is the original voice of both yoda and cookie monster. i'll ask him if four cookie cs. please welcome frank oz. (cheers...
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Nov 27, 2012
11/12
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harry reid's sentence here today gave us information that he wants more out of the republicans. what you're seeing is an unfolding negotiation here, not something that should raise alarm bills, not that negotiations have stopped or something has gone wrong in this process. back to you. >> all right, eamon. thank you very much. i think they should get in a room, close the door, and don't come out until you get a deal. >> we've done that before. that was erskine bowles, gang of six. that was the problem. >> it doesn't serve anybody's interest to be talking publicly, negotiating publicly. we start getting little bits and pieces about social security coming off the table. no progress being made. all these things that are upsetting and roiling. just get behind closed doors and get the deal done. >> i think you're asking for politicians to change their human nature. >> let's talk to one and see what he thinks. our next guest says one area we could cut spending is corporate subsidies and wall street must share the burden with main street. the congressman of arizona says the spending cu
harry reid's sentence here today gave us information that he wants more out of the republicans. what you're seeing is an unfolding negotiation here, not something that should raise alarm bills, not that negotiations have stopped or something has gone wrong in this process. back to you. >> all right, eamon. thank you very much. i think they should get in a room, close the door, and don't come out until you get a deal. >> we've done that before. that was erskine bowles, gang of six....
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Nov 27, 2012
11/12
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free market is not one that hangs on every whim and word of harry reid. at the end of the day there are multiple factors at work here. china hit a new low. we will talk about these things but i think it is multiple factors a at work beyond what somebody in washington says. >> this reminds me of when we had the european crisis or in 2008 when there was the vote on the tarp. i don't think we should overreact to this. if i learned anything from schoolhouse rock making a bill is like sausage making. you will have imaginations going on. >> i don't think they made that comparison on school house rock. >> he was watching a different schoolhouse rock. >> the jack black "schoolhouse rock." >> the fiscal cliff is just a great headline but the tip of the iceberg of what is really ailing or what could potentially ail this market in weeks to come. we are within the whisper of a four-year high. europe is a mess and the data in the states has been mediocre at best. the fiscal cliff is an easy thing to point the finger at. >> there is a silver lining. if there is a silve
free market is not one that hangs on every whim and word of harry reid. at the end of the day there are multiple factors at work here. china hit a new low. we will talk about these things but i think it is multiple factors a at work beyond what somebody in washington says. >> this reminds me of when we had the european crisis or in 2008 when there was the vote on the tarp. i don't think we should overreact to this. if i learned anything from schoolhouse rock making a bill is like sausage...
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Nov 28, 2012
11/12
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but what harry reid said was really a game- changer, about perhaps trying to curb filibusters. that would be a game-changer, and would put a lid on the stock market. > he could have that much power? unbelievable. all right, let's move on to our next question and talk about greece. for now it looks like greece will not go bankrupt. is that helping the stock market? > > i think it is, but i think it was priced into the stock market. i think the stock market realizes that greece's debt is unsustainable, so anything they can do to prolong that pain until the inevitable happens where there's debt forgiveness is a good thing for the stock market. > what is it better to own right now - a powerball ticket, or stocks? > > stocks. absolutely. i would own stocks before a powerball ticket. > good answer. good to have you on the show. that is larry shover of sfg alternatives. > > thank you. president obama hits the road this week to talk directly with americans about budget plans, possibly in hopes of putting pressure on his republican opponents to compromise on a budget deal. the president
but what harry reid said was really a game- changer, about perhaps trying to curb filibusters. that would be a game-changer, and would put a lid on the stock market. > he could have that much power? unbelievable. all right, let's move on to our next question and talk about greece. for now it looks like greece will not go bankrupt. is that helping the stock market? > > i think it is, but i think it was priced into the stock market. i think the stock market realizes that greece's debt is...
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Nov 27, 2012
11/12
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harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the place, we'll do what we have to fight back." john cornyn says if democrats change the rules, it will shut down the senate, it's such an abuse of power. you might ask how their threats of a shutdown differ materially from the shutdown senate now when the minority will not allow a majority vote on anything giving them the power to control the senate. we called the two senators and asked specifically what they propose to do if they manage to tweak the filibuster. senator cornyn's office got back to us, but not with an answer. senator coburn did not respond, but he did give polit
harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the...
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Nov 29, 2012
11/12
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reid, to keep that from happening. >> do you like harry reid? >> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan austin, you can see her entire interview on the blog funnybusiness.cnbc.com. back to you. >> thanks so much. we'll be watching that. jane wells. >>> two more companies announcing special dividends tonight. here's a quick market flash. >> that's right. national beverage confirming its board has decided to distribute a special dividend of $2.55 a share. the record date will be december 7th. also, regal entertainment announcing $1 per share for its class "a" and "b" common stock. these two companies among many others decla
reid, to keep that from happening. >> do you like harry reid? >> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to...
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Nov 25, 2012
11/12
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harry reid, the democratic leader, said to the president, mr. president, could you please leave the room? i have covered presidents for four years. i know of no other time where the president was asked the meeting in his own house that he had called. i asked the president about this. i said how did it feel to be voted off the island in your own house. because that is what happened. he said that he was not going to stand on protocol, that the problem needed to be solved. but in the next day, he called democratic leaders to the white house from 6:00 o'clock on a sunday night. and harry reid is there, the house leader, the relations between and among the democrats are so not solved, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president
harry reid, the democratic leader, said to the president, mr. president, could you please leave the room? i have covered presidents for four years. i know of no other time where the president was asked the meeting in his own house that he had called. i asked the president about this. i said how did it feel to be voted off the island in your own house. because that is what happened. he said that he was not going to stand on protocol, that the problem needed to be solved. but in the next day, he...
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Nov 27, 2012
11/12
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democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign trail, and that has a realistic chance of passing the congress. the time, in other words, for campaigning is over. it's time for the president to lead. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. so i agree we shouldn't raise rates, but grover is wrong when it comes to we can't cap deductions and buy down debt. what do you do with the money? i will violate the pledge, long story short, for the good
democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the...
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Nov 28, 2012
11/12
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harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter what. democrats maintain that the republicans abused the filibuster as the majority always does. so i think they would be doing it anyway. but if it's, you know, gives them extra leverage that's a bonus. >> i link this with the president's approach today where he essentially said to the republicans on taxes, you give me everything, i give you nothing, we go over a cliff otherwise. i think this is an assault by democrats on republicans, democrats have an idea that having just one what they won is a landslide, they will push this on all the fronts in the congress an
harry reid on the other hand is saying absolutely not. we are going to -- we can't possibly run the senate without making the changes. the m republic is at stake. >> bret: you believe that this is what they want to pursue and not part of the let's force them in to dealing better in the negotiations somehow with the threat of -- >> it could be both. i think, i mean the majority is going to want to do this, regardless of what the majority is. the minority will fight this no matter...
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Nov 28, 2012
11/12
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harry reid has seen 386. do we see a pattern here at all? so reid is proposing the following rule changes. republicans can't filibuster after having a debate over a bill. democrats shouldn't have to wait as long for a filibuster to be revolved. if republicans want to filibuster, they should have to talk about it. they shouldn't be able to hide in their offices while all this filibustering takes place. come out and talk it over, again and again for a lengthy period of time. the republicans claim that these changes are not fair. blocking legislation for another four years isn't fair to the american people or the process either. it's harry reid's call. joining me is steve benen. great to have you with us. thanks for your time. these rule changes that harry reid and the senate democrats are talking about, how drastic are they and how much of an effect could they have? >> one might think they are outrageous. in reality, the measures that you identified are modest. for many people who are eager to see major changes in the senate because of its dys
harry reid has seen 386. do we see a pattern here at all? so reid is proposing the following rule changes. republicans can't filibuster after having a debate over a bill. democrats shouldn't have to wait as long for a filibuster to be revolved. if republicans want to filibuster, they should have to talk about it. they shouldn't be able to hide in their offices while all this filibustering takes place. come out and talk it over, again and again for a lengthy period of time. the republicans claim...
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Nov 28, 2012
11/12
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harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with the president's remarks that he would like to see framework to avoid the fiscal cliff by christmas. sitting treasury debt up to capitol hill tomorrow to meet with congressional leaders, democrats and republicans. in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have tw
harry reid was very pessimistic. this is a traitorous market, we will see a lot of volatility going to the end of the year. melissa: it is like a ping-pong match. thank you very much, and very interesting day right now we are glad everybody is watching this, focusing on the fact one sentence close the market around. voicing his optimism they could reach a deal with the white house and avoiddthe fiscal cliff. looking at the oneesentence in that one word, optimism. >> that is right, with...
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Nov 29, 2012
11/12
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i talked to harry reid earlier today. i asked him whether or not tim geithner had brought a specific offer up here to the republicans from the president. he said no. no specific offer today. in fact, he said the president made the offer from the democrats two weeks ago, and that's the offer that stands now. so, guys, a very high-stakes poker game here on capitol hill right now. treasury secretary geithner meeting with nancy pelosi, the democratic leader in the house, as we speak. we expect to hear from her, probably not him, in about a half an hour. >> what is soon? no deal soon. we're 32 days away. this is just mind boggling. >> you mean it's going to go down to the wire? what a surprise, eamon. >> washington loves brinksmanship. they love deadlines. they're incapable, they've proven time and time again throughout history, they're incapable of coming to a deal before that deadline. my guess is, based on seeing these things before, that's where we're going here. right until mid to late december before we get a final deal.
i talked to harry reid earlier today. i asked him whether or not tim geithner had brought a specific offer up here to the republicans from the president. he said no. no specific offer today. in fact, he said the president made the offer from the democrats two weeks ago, and that's the offer that stands now. so, guys, a very high-stakes poker game here on capitol hill right now. treasury secretary geithner meeting with nancy pelosi, the democratic leader in the house, as we speak. we expect to...
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Nov 28, 2012
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much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with s
much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american...
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Nov 27, 2012
11/12
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stocks are mostly lower with the senate majority leader harry reid said he was disappointed there was little progress in the fiscal cliff. the maps manager behind the maps program has reportedly been fired. rich williamson is the latest two have been given the acts. former software chief was pushed out late at last month. it is not clear if apple has found a replacement. taking a bite out of the smart phone market overtaking and trade the 12 weeks leading of the halloween more than doubled from one year-ago the market share exceeds 40%. now we continue countdown to the closing bell with liz cllman. liz: looking at the markets at the low the session the nasdaq s&p each down five points we're not trying to of view but it could cause havoc 34 days left for congress to reach a budget deal other wise spending cuts kick and. and tax hikes. we have decided to talk to state leaders what they're doing with this uncertainty. governors on the edge joining us now delaware governor, a great to have you here. as today we had pennsylvania governor and he said we have to prepare to separate budgets i
stocks are mostly lower with the senate majority leader harry reid said he was disappointed there was little progress in the fiscal cliff. the maps manager behind the maps program has reportedly been fired. rich williamson is the latest two have been given the acts. former software chief was pushed out late at last month. it is not clear if apple has found a replacement. taking a bite out of the smart phone market overtaking and trade the 12 weeks leading of the halloween more than doubled from...
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Nov 29, 2012
11/12
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harry reid had a plan. he and obama and nancy pelosi were going to spend a great deal of money, and then they were going to turn to the republicans and say, okay. why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes raised. lou: what i asked was how you feel? >> i am pleased as punch. harry reid, at haing a hissy fit at me, he's really mad at the ameican people for not wanting to raise axes. he personalizes it with me. lou: what about those folks like senator john mccain, senator lindsay gramm, senator chambliss the list goes on. i mea -- >> it doesn'go on. it does not go on. here's theood news. all the people who last week and said we might raise taxes under certain circumstaes with the same people who said that two years ago. and e
harry reid had a plan. he and obama and nancy pelosi were going to spend a great deal of money, and then they were going to turn to the republicans and say, okay. why don't you be responsible and raise taxes, put your finger prints on a tax increase to pay for our bigger government. republicans said no. harry reid has had a hissy fit for four years now, i'm happy the republicans would not raise taxes to pay for is bigger government. the problem is the american people don't want their taxes...
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Nov 26, 2012
11/12
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>> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank you very much. good to see you. back to you. liz: next we take you into the future find out the news moving the market tomorrow. plus, 12 drummers drumming, what will that run you? you don't want to know. wait until you hear how much all 12 days of christmas will cost you. a pretty penny. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i
>> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really...
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Nov 28, 2012
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. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to solve the financial problems we have this this country. >> this is what the campaign has been all about. congressional democrats are making sure the message is simple, consistent, to the point and easy to consume. recent comments from david plouffe as well as lawmakers left the president's strategy open to interpretation. progressives were concerned the social safety net programs were on the chopping block, but today democrats were unified in their approach. they are all on the same page. the president was reluctant to agree to a deal cutting medicare and medicaid benefits. president obama is seeking $1.6 trillion in additional revenue over ten years and $340 billion in health care savings. the time says the deal would not affect benefits. that's the keyword, benefits. the president and some democrats in the
. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to solve the financial problems we have this this country. >> this is what the campaign has been all about. congressional democrats are making sure the message is simple, consistent, to the point...
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Nov 27, 2012
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that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor
that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." embarrassed about my skin. [ designer ] enough of just covering up my moderate to...
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Nov 27, 2012
11/12
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comments from harry reid saying he was disappointed in the lack of fiscal cliff talks. two sides maybe still far apart. that spooking investors. dow jones industrial average down 71 points, basically on our lows of the day. let's wrap up our recovery road trip with one of the big economic engines, worst pun ever by the way, for charlotte, north carolina. it's estimated nascar has added more than $5 billion to the area. we're joined my marcus smith, the president of publicly traded speedway motor sports. they own nine tracks, sonoma and the charlotte motor speedway. thanks for joining us. i know you and your dad sometimes have had a con ttentis nascar a bit. what do you see happening in 2013? >> i think we have great news as a sport. nascar is a tremendous economic engine for the charlotte region, as you mentioned. it's a great economic engine wherever there is a nascar race. over $150 million are generated by having one nascar weekend in a given city. >> wow. $150 million to every town. >> you got it. average fan travels over 300 miles one way. we have more fortune 500
comments from harry reid saying he was disappointed in the lack of fiscal cliff talks. two sides maybe still far apart. that spooking investors. dow jones industrial average down 71 points, basically on our lows of the day. let's wrap up our recovery road trip with one of the big economic engines, worst pun ever by the way, for charlotte, north carolina. it's estimated nascar has added more than $5 billion to the area. we're joined my marcus smith, the president of publicly traded speedway...
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Nov 29, 2012
11/12
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now the democrats are saying entitlement reform is off the table. >> greta: senator harry reid says the debt ceiling has to be part of it. it's too late to talk about that. it will hit the end of december, have an impact in february, when they hope to get tax refunds, and the government has no money. is there any way that you would vote to raise the debt ceiling? >> no. listen, what i would do, i'm not going to block it. what we need to do, is we need to restore confidence, remove the uncertainty in this economy. >> greta: what would you do? >> what i would do personally? >> greta: yes. >> democrats, last time we passed cut, cap and balance, which did increase the debt ceiling, but it had solutions to the problem. you know, a balanced budget amendment, limiting the sizes of government, and cut some spending. that was a valid -- that was a good plan. also increased the debt ceiling. we should do the same thing this time. democrats won't go along with it. i recognize that. i recommend we don't block them. we say, okay, you guys can increase the debt ceiling, but no more than a trillion do
now the democrats are saying entitlement reform is off the table. >> greta: senator harry reid says the debt ceiling has to be part of it. it's too late to talk about that. it will hit the end of december, have an impact in february, when they hope to get tax refunds, and the government has no money. is there any way that you would vote to raise the debt ceiling? >> no. listen, what i would do, i'm not going to block it. what we need to do, is we need to restore confidence, remove...
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Nov 25, 2012
11/12
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when mitch mcconnell said my number one agenda item is to defeat this president, harry reid didn't si that when george bush came to him with the stimulus. i do not find this playing on both the houses appropriate. >> he did call him a liar and -- pretty bitter times in there as well. >> but he also worked with him to get a stimulus, worked with him to pass the tarp when he asked us to, worked with them -- the whole period of 2007 and 2008 there was a great deal of cooperation on areas that i'm familiar with. >> do you remember good old days? >> i do remember good old days. just to put it in context, let's say, when i arrived in 1989 from connecticut, where we have politics. i was surprised at how partisan congress was. i saw it in some foreign policy questions where i didn't expect to find it, and i would say over the years congress has become more partisan. the last two years probably the most partisan and the least productive. throughout all that, a lot of great moments. first president bush, 41, they convened a group, worked for weeks, passed amendments to clean air act, not only c
when mitch mcconnell said my number one agenda item is to defeat this president, harry reid didn't si that when george bush came to him with the stimulus. i do not find this playing on both the houses appropriate. >> he did call him a liar and -- pretty bitter times in there as well. >> but he also worked with him to get a stimulus, worked with him to pass the tarp when he asked us to, worked with them -- the whole period of 2007 and 2008 there was a great deal of cooperation on...
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are you concerned about these comments from harry reid? >> i think you'll always get this sort of posturing. one of the things the republicans are waking up to is the vast majority of what's going to happen at the end of this year will affect what they want. when you look at it, it's 2/3 tax increases, 1/3 spending cuts. half of those spending cuts are going to come on the defense side. so you've only got 1/6 upsetting the democrats and 5/6 upsetting the republicans. the democrats are in a stronger porks i think it position. >> given the market reaction we saw yesterday is whether investors need to recalibrate their reaction that this will be resolved. if it's not, we know there will be economic fallout. but as it becomes more and more in the headlines, is there real risk that despite the improvement we've seen in consumer confidence, 9/11 busine -- even in business spending, that progress will be made. >> we think we're going to get a resolution. the fallout would be too great for either political party not to see a resolution of this. an
are you concerned about these comments from harry reid? >> i think you'll always get this sort of posturing. one of the things the republicans are waking up to is the vast majority of what's going to happen at the end of this year will affect what they want. when you look at it, it's 2/3 tax increases, 1/3 spending cuts. half of those spending cuts are going to come on the defense side. so you've only got 1/6 upsetting the democrats and 5/6 upsetting the republicans. the democrats are in...
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that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually e! how illinating. hat's in your wallet? let me guess, am i on the naughty list again? ho ho ho! is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescrip
that would be a good start for the senate, harry reid. >> amen. >> sean: guys, good to see you. coming up, when democrats get desperate, what do they do? they pull out the race card. we'll explain which well-known newspaper, by the way, is calling republicans racist for questioning what ambassador rice knew about the benghazi. we'll get to that and much more on this edition of "hannity." this family used capital one venture miles to come home for the holidays. that's...
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i understand why harry reid is trying to personalize it as grover. what harry reid doesn't want to say the american people do not want their taxes raised and they elect add republican congress opposed to raising taxes and harry reid is at odds with the american people. >>neil: they are looking like they are raising taxes, grover, is that a repudiation of you or recognition of the election? >>guest: the promise on the pledge is to the american people. what i have accomplished with americans for tax reform, is to make it easy, through the pledge, fowl elected officials, and candidates to credit bright commit they will not raise taxes. corker was elected because he took the learn and people thought he was too moderate and he would not made it but he made the written commitment to the people of tennessee. he would not be a senator today without the commitment f he breaks it he has to have a conversation with the people of tennessee about his keeping his word. the same thing with other people who are elected because they made that written commitment to th
i understand why harry reid is trying to personalize it as grover. what harry reid doesn't want to say the american people do not want their taxes raised and they elect add republican congress opposed to raising taxes and harry reid is at odds with the american people. >>neil: they are looking like they are raising taxes, grover, is that a repudiation of you or recognition of the election? >>guest: the promise on the pledge is to the american people. what i have accomplished with...
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doesn't matter if it's harry reid or if it's boehner. when they came out -- or when boehner came out and we're about to get reid as well. when boehner came out and said it's not balanced, we don't have cuts on the table, the white house is not trying, i said yesterday that this increases the gamma, the rate of change of delta. that's what gamma is. it goes up. we're seeing larger and larger risk built into this based on how long these negotiations take. if they drag it out and they don't get substantive issues on the table like cuts as well as taxes, then we're going to be closer to the cliff. that's why all these special dividends. that's why costco borrowed $3 billion to pay that $7 special, judge. that's not a good sign. >> josh, yesterday the dow was up 100 then down 100 -- or down 100 then up 100, whatever you want to say, for the first time in a year, since october 2011. >> i have friends in the swing trade community. i got to tell you i have not heard this much negativity from these guys. these are guys that will typically put on
doesn't matter if it's harry reid or if it's boehner. when they came out -- or when boehner came out and we're about to get reid as well. when boehner came out and said it's not balanced, we don't have cuts on the table, the white house is not trying, i said yesterday that this increases the gamma, the rate of change of delta. that's what gamma is. it goes up. we're seeing larger and larger risk built into this based on how long these negotiations take. if they drag it out and they don't get...
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john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers. costs dropping 6%, tiffany got a markdown, earnings missed street estimates. and then there is aeropo
john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the...
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the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat,
the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit...
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i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said i'm not going to vote on this. if you want higher tax increases, boehner brings it to the floor. they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying th
i don't care what harry reid says. medicare and medicaid and social security have to be restructured, not fine tuned. obamacare has to be in play. >> eric: you don't want to see it on c-span? i do. >> andrea: you worked on the hill, i did. we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said...
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>> harry reid and dick durbin said forget it. social security is not a part of this conversation. and yet the president has shown a willingness to do that. what happens if he publicly -- and republicans right now, their frustration is that the president will say that behind the scenes but he won't public ly talk about it as much as they want him to talk about it publicly. what happens politically on the left? >> i think there's some people on the left who would not appreciate having social security and medicare as part of this, as part of this discussion. if we're in the talking phase, it doesn't hurt to talk about things that each side should put on the table. brad is right that the republicans have come a little bit with taxes. >> the discussion is not about should taxes go up. the discussion is how do you do it? >> exactly. and, listen, i think that to the extent we are just talking right now, i don't think that talking hurts. but should this become -- should this come in play, little there will be a lot of people on the left who will not be very happy. i think in some ways it
>> harry reid and dick durbin said forget it. social security is not a part of this conversation. and yet the president has shown a willingness to do that. what happens if he publicly -- and republicans right now, their frustration is that the president will say that behind the scenes but he won't public ly talk about it as much as they want him to talk about it publicly. what happens politically on the left? >> i think there's some people on the left who would not appreciate having...
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the only way to possibly do it is find out when harry reid will be speaking and go short. he's taking it down. mcconnell, in all fairness, really didn't do the markets any favored. >>> you're absolutely right, but i'll tell you one thing, is i do like hearing -- that sentence advertises the market to that possibility. >>> let's go to the former press secretary under jared bernstein, guys, great to have you on. i'm sure you were listening to the president. does at the sound like a president ready to make a deal, give a little bit? >> i think he has carefully not shut the door on putting entitlements on the table, how they'll raise taxes, though he certainly has shown his preference for the expiration of those top cuts, but look, i think the president made a very strong argument for agreeing on 98% of this, and he added an interesting analytical point, which joe know that he stressed so much in the past, even if you earn above $250,000, you actually do get a break on that first $250,000 by keep the tax rates where they are, not letting the lower tax rates reset. that's real
the only way to possibly do it is find out when harry reid will be speaking and go short. he's taking it down. mcconnell, in all fairness, really didn't do the markets any favored. >>> you're absolutely right, but i'll tell you one thing, is i do like hearing -- that sentence advertises the market to that possibility. >>> let's go to the former press secretary under jared bernstein, guys, great to have you on. i'm sure you were listening to the president. does at the sound...
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that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county and look for a way out of? >> no. which general have is a little so here's complicated bill. it's got a lot of moving parts. does it raise taxes? look, it's pretty clear in those cases. the important part of the pledge is it allows people to credibly commit they're not going to raise taxes and the people know who and what they are. is allowed john boehner and mitch mcconnell to govern recently. it's about the republican governors passed out ushers at the red states for the 24 states republican governors, republican legislature. blue are the 13 of 40 state spen
that's harry reid. that's what they say. that's nonsense. people take the pledge but the reason why most republican than a handful of democrats take the pledge is the only 10 to raise taxes. we just and the pledge of in the mail and people make that commitment and campaign on it and make it part of -- >> if you're running in a republican primary, it's very helpful to you, effectively difficult to run in a republican primary without signing it. they are in a box. the republicans, county...
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nevada, senator harry reid's home turf. jane wells is talking to reid's constituents to find out how the fiscal cliff is affecting them. jane. >> reporter: harry reid's state has the highest unemployment rate and the second highest foreclosure rate in the country. and in nevada's second biggest city, one powerful man is concerned the fiscal cliff could bring on an economic reno 911. >> do a quick overview here. you're looking at a county the size of the state of plain. >> reporter: lance gillman is straight out of the wild west. he says he's used cash to build the tahoe reknee industrial center, a growing manufacturing and distribution hub. >> it's the largest fee-owned property in the state of nevada. >> reporter: he's been elected county commissioner and he owns a famous brothel. the mustang ranch. you have to be the most diversified businessman in america. wouldn't you say? >> i have a diversified portfolio. >> reporter: gillman is a republican in a state represented by one of america's most powerful democrats, harry rei
nevada, senator harry reid's home turf. jane wells is talking to reid's constituents to find out how the fiscal cliff is affecting them. jane. >> reporter: harry reid's state has the highest unemployment rate and the second highest foreclosure rate in the country. and in nevada's second biggest city, one powerful man is concerned the fiscal cliff could bring on an economic reno 911. >> do a quick overview here. you're looking at a county the size of the state of plain. >>...
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stocks fell across the board today following comments from senate majority leader harry reid. he said he was disappointed there has been little progress in the fiscal cliff negotiations the dow down 89 points. >>> shares of green mountain coffee though jumping after the bell. the company brewed up better than expected fourth quarter results. investors also cheered the company's new hire. david: fiscal 2013 forecast. >>> the xbox may be the gift of choice for many holiday shoppers this season. microsoft said it sold more than 750,000 videogame consoles during the black friday week. that outpaced nintendo's wii u which sold 400,000 units in the first week on u.s. market. microsoft reports that the windows 8 operating system registered 40 million upgrades since its launch october 26th. that's the latest from fox business network, giving you business network, giving you the power to prosper can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open ll night. is
stocks fell across the board today following comments from senate majority leader harry reid. he said he was disappointed there has been little progress in the fiscal cliff negotiations the dow down 89 points. >>> shares of green mountain coffee though jumping after the bell. the company brewed up better than expected fourth quarter results. investors also cheered the company's new hire. david: fiscal 2013 forecast. >>> the xbox may be the gift of choice for many holiday...
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. >> it is interesting, senator harry reid issued a statement, saying there were personal attacks against ambassador rice. he said the a number of things. but he said, she has done nothing wrong. here's what i don't get. no one said she did anything wrong -- at least as i understand it, they are saying she didn't do her job, to ask simple question, instead of just -- as you say, parrot. but she is like a robot. so is jay carney. they repeat what they are told and they don't exercise good judgment and ask questions, saying how do you know that? why do you know that? if they did ask the questions, we ought to know. it is not that they are bad people. but they don't have good judgment to ask questions. >> look, there are basically two ways you can perform in the government at a senior level. you can be the tool of you're bureaucracy. i have known secretaries of state that i would put in that category, or you can be a real policy leader that. frequently means, it inevitably means questioning and challenging what the bureaucracy serves up to you. but i think if you -- if you don't perform that
. >> it is interesting, senator harry reid issued a statement, saying there were personal attacks against ambassador rice. he said the a number of things. but he said, she has done nothing wrong. here's what i don't get. no one said she did anything wrong -- at least as i understand it, they are saying she didn't do her job, to ask simple question, instead of just -- as you say, parrot. but she is like a robot. so is jay carney. they repeat what they are told and they don't exercise good...
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is this a perry blow with the harry reid? >> the democratics, if they change the rules, can do it with 51 votes, so he doesn't have to be onboard but look, they're not talking about stripping the minority of the right to filibuster. they're talking about instead of saying oh, i'm going to filibuster and everything comes to a stand still that you actually have a and up and filibuster, that people would have to take the floor and read the phone book. i don't see anything wrong with that. there are a couple of proposals out there nothing that significantly reduces the power of the filibuster, harry reid read has experienced 385 filibusters during his time at senate leader. lyndon johnson faced one filibuster. it is overused and abused, and so i think mcconnell better get over it. >> it seems like he's going to have to. it seems he's almost resigned to be in the minority for a very, very long time. that's the behavior and demeanor of someone who is going to be in the minority. we almost got through the fill buster without mention
is this a perry blow with the harry reid? >> the democratics, if they change the rules, can do it with 51 votes, so he doesn't have to be onboard but look, they're not talking about stripping the minority of the right to filibuster. they're talking about instead of saying oh, i'm going to filibuster and everything comes to a stand still that you actually have a and up and filibuster, that people would have to take the floor and read the phone book. i don't see anything wrong with that....
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harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap your at the president. he said this is a moment for adult leadership. the white house does have to get serious on spending cuts and entitlement reform. the republicans are trying to shift the discussion in this debate over to the spending that side. the entitlement reform side. the president hammering them on the tax side of it. especially spending, extending the bush tax cuts for the middle class. connell: are you noticing a difference? is that the way it is shaping up today that the democrats are more optimistic than the republicans because republicans do no
harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap...
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yesterday, when we heard from harry reid, that made the market sell off. these comments are market moving events. dennis: thank you. as for oil, it has been in the red for much of the morning. phil flynn standing by at the cme. >> a great day and oil today. we are down because of the fiscal cliff worries. we actually got a smaller than expected build and oil. we have a negative and oil. that normally would have normally been very, very bullish. it was huge. almost 3.68 million barrels. what is happening here is we saw a drop of 1.5 billion barrels. they could not get into new york harbor. they are showing up on shore in a big way. back to you. dennis: thank you. cheryl. cheryl: this could cost tens of thousands of jobs. dennis: toyota takes it turned out the auto show. first, let's take a look at the world currencies and the u.s. dollar. ♪ this is america. we don't let frequent heartburn come betweeus and what we love. so if you're o of th people who gets heaeartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn
yesterday, when we heard from harry reid, that made the market sell off. these comments are market moving events. dennis: thank you. as for oil, it has been in the red for much of the morning. phil flynn standing by at the cme. >> a great day and oil today. we are down because of the fiscal cliff worries. we actually got a smaller than expected build and oil. we have a negative and oil. that normally would have normally been very, very bullish. it was huge. almost 3.68 million barrels....
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the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's judicial nominees. and there was discussion -- there was discussion among republicans about getting rid of the filibuster it was never meant for this purpose. let's blow it up. let many get rid of it. and at the time this is what then senator obama said. everyone in this chamber the senate knows if the majority chooses to end the filibuster, then the fighting, birthsmen and gridlock will only get worse. i know republicans are getting lot of pressure to do this. we need to rise above the ends justify the means to all the people, not just those wear
the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's...